GOLD SENDS CLEAR BEARISH SIGNALS|SHORT
GOLD SIGNAL
Trade Direction: short
Entry Level: 3,239.86
Target Level: 3,127.89
Stop Loss: 3,314.33
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 3h
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Forecast
AUD/CAD BEARS ARE GAINING STRENGTH|SHORT
AUD/CAD SIGNAL
Trade Direction: short
Entry Level: 0.898
Target Level: 0.882
Stop Loss: 0.909
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 12h
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NZD/JPY BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
NZD/JPY pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 1D timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 83.261 area.
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GBP/USD BUYERS WILL DOMINATE THE MARKET|LONG
GBP/USD SIGNAL
Trade Direction: long
Entry Level: 1.316
Target Level: 1.338
Stop Loss: 1.302
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 12h
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Noah Cloud Pattern - Ruff Times AheadI expect this will get very bad before getting even badder and then better before getting really really better again.
There will be red and green bars and lines and numbers at some point throughout the day, so buy if you want or sell.
I am not a financial advisor.
EUR-USD Bearish Bias! Sell!
Hello,Traders!
EUR-USD made a retest
Of the key horizontal level
Around 1.1255 and already
Made a pullback so we will
Be expecting a local
Bearish move down
Sell!
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EURJPY: Will Keep Growing! Here is Why:
The analysis of the EURJPY chart clearly shows us that the pair is finally about to go up due to the rising pressure from the buyers.
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EURUSD: Expecting Bullish Continuation! Here is Why:
Looking at the chart of EURUSD right now we are seeing some interesting price action on the lower timeframes. Thus a local move up seems to be quite likely.
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US30 Is Very Bullish! Buy!
Take a look at our analysis for US30.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 42,620.8.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 45,530.9 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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USOIL BEST PLACE TO SELL FROM|SHORT
USOIL SIGNAL
Trade Direction: short
Entry Level: 61.86
Target Level: 55.95
Stop Loss: 65.80
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1D
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CAD/JPY BEARS ARE STRONG HERE|SHORT
Hello, Friends!
We are going short on the CAD/JPY with the target of 101.132 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
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Monitoring USDT- Absolutely not a prediction.
- Just doing this chart to observe 1D (smaller timeframe) on USDT Dominance & Sharing.
- I usually like to use larger TF to reduce the noise on charts ( 1W, 2W, 1M, 3M ).
- USDT.D have to break out 8.4% before 13th December.
- if it does, could mean BTC more downward pressure.
- if it fails, BTC could rally up.
- Patience is the key.
Happy Tr4Ding !
CHFJPY: Bullish Continuation
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the CHFJPY pair which is likely to be pushed up by the bulls so we will buy!
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USOIL: Will Keep Falling! Here is Why:
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the USOIL pair price action which suggests a high likelihood of a coming move down.
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ETHUSD Is Bullish! Long!
Here is our detailed technical review for ETHUSD.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 2,593.04.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 2,920.18 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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EURCHF Is Going Up! Long!
Please, check our technical outlook for EURCHF.
Time Frame: 15m
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 0.934.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.936 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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CHFJPY Will Go Lower! Short!
Please, check our technical outlook for CHFJPY.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 174.993.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 174.502 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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GBP/NZD BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
Previous week’s red candle means that for us the GBP/NZD pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 2.259.
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US100 SHORT FROM RESISTANCE
US100 SIGNAL
Trade Direction: short
Entry Level: 21,312.4
Target Level: 19,338.7
Stop Loss: 22,625.1
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1D
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AUD/JPY BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
We are now examining the AUD/JPY pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 88.446 level.
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GBP/CAD SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
It makes sense for us to go short on GBP/CAD right now from the resistance line above with the target of 1.836 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band.
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CADJPY: Expecting Bullish Continuation! Here is Why:
Balance of buyers and sellers on the CADJPY pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the buyers, therefore is it only natural that we go long on the pair.
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